Spurs' 2-1 victory over Fulham on Saturday sees them sat on 14 points from eight games, the same return as Manchester United and Arsenal.
They are just five points behind leaders Chelsea and are well-placed to push on from this point.
Harry Redknapp's men will have to juggle their domestic endeavours with Champions League commitments, but they now have the squad to compete on multiple fronts.
With that in mind, Huddlestone sees no reason why they cannot launch a sustained assault on the top flight title.
"If we can be a bit more consistent, because we've dropped a few sloppy points, then why not," said the England international, who bagged a controversial winner to see off Fulham at Craven Cottage.
"Title contenders? That's a big statement to make, but the way the season is going, everybody keeps taking points off each other.
"If you're up there March, April time, you've got a great chance."